EVs will be the Resilience and Disaster Recovery Solution of Choice for Intelligent Grids

Climate Impact Capital sees EV infrastructure as the solution of choice for intelligent grids and is pleased to announce an investment into OpConnect, alongside Reinventure Capital and Black Founders Matter.

OpConnect is a Minority Owned Small Business taking on big names like ChargePoint, ABB, and Shell (which purchased Greenlots). The team has developed a lean model that has enabled EV service providers to quickly integrate their EV charging networks with advanced payment processing and customer care tools.

Mobility and energy are undergoing a massive…

Read Article

60Hertz Energy Closes $1.3M Round to Improve Remote Microgrid Operations

60Hertz Energy is pleased to announce the closing of its Pre-Series A round of $1.3M to improve remote microgrid services, bringing total capital raised to $2.7M to date. 60Hertz Energy is a SaaS Computerized Maintenance Management System (CMMS) platform improving electricity microgrids and backup generator operations. The round was led by Factor and Climate Impact Capital, with major investments from SeaChange Fund, Clean Energy Venture Group angels, and the Alaska Investor Network.

“Maintenance is a critical element of ensuring grid resiliency, as we saw during the near-collapse of the Texas ERCOT grid early in 2021,” said Alex Rozenfeld, the…

Read Article

Energy Storage: New Technologies and Forecasts

Energy Storage: New Technologies and Forecasts

By Keshav Ahuja

Energy storage is one of the most discussed topics today and is expected to be a key component of the global energy transition and stabilizing the grid for Renewable Energy Portfolio Standards. Over the last decade, energy storage technologies have continued to evolve, adapt, and innovate in response to changing energy requirements and regulatory policies.

Energy storage technologies are broadly categorized into four segments: electrical, thermal, mechanical, and electrochemical storage. Though electrochemical (batteries) and mechanical (hydrogen/pumped hydropower) storage remain the most common forms of energy adoption, research on…

Read Article

The Intelligent Grid: Smart, Autonomous, Predictive

The Intelligent Grid: Smart, Autonomous, Predictive

By Nishant Jain

The Intelligent grid transformation will be the backbone of our new energy infrastructure. CIC defines an Intelligent Grid as having 3Ds – Digitalized, Decarbonized and Democratized – which is actualized by some key elements of ‘smart’, ‘autonomous’ and ‘predictive’.

Smart – The key element for a system to get “smart” is its ability to exchange signals between its components. The underlying technology has evolved from the Internet of Things (IoT) toa combination of low power sensors, connected device, computing, and software to enable digital monitoring and control of systems.

For example, a smart…

Read Article

Capturing the Untapped Value of Edge Computing Investments for the Intelligent Grid

Capturing the Untapped Value of Edge Computing Investments for the Intelligent Grid

By Keshav Ahuja

Smart embedded devices and algorithmic decision making will transform services across many domains, including a smarter and intelligent grid.

Edge computing has gained momentum since the onset of 5G technology. And while 5G deployment for telecoms has been robust, investors have been wary of capitalizing edge computing technologies in the past, awaiting a lucrative operating model to be developed by an industry very much in its nascency. However, the emerging opportunities in the digital grid offer promise for power utilities in a global electrical infrastructure transition.

Read Article